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You are considering buying shares in Coinbase. Suppose you expect to sell the stock in 4 years for $375.92 and expect to collect a dividend
You are considering buying shares in Coinbase. Suppose you expect to sell the stock in 4 years for $375.92 and expect to collect a dividend of $3.00 at the end of each year for the next 4 years. If you require and expected return of 16.81% what price would you be willing to pay for the stock today? (assume annual compounding)
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